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Minooka 60447
205 Indian Oaks Drive
$317,500
● House - Off Market

205 Indian Oaks Drive

Minooka, IL 60447
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,063 Ft²
$2,063
Est. Monthly
7.78%
Cap Rate

About This Property

This stunning home is nestled on a beautifully landscaped corner lot in a well-established neighborhood. Step into the bright and spacious dining room, now featuring brand-new hardwood flooring, and enjoy the open-concept kitchen with ample cabinetry and counter space, seamlessly connecting to a generous living room complete with a cozy fireplace. Additional highlights include a heated oversized 2.5-car garage, and a sprawling, shaded backyard with a concrete patio and shed-an ideal setting for family and summer gatherings.***MULTIPLE OFFERS RECEIVED. HIGHEST & BEST DUE TUESDAY. 3/18 BY 6PM***
Unit Size
2,063 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$150
Property Type
House
Property Taxes
$540
HOA Dues
-
Year Built
1972

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 2,063
  • Gross Building Area: 2,063
  • Building Area: 2,063
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,063
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AUX SABLE ACRES
  • Land Acres: 0000000260
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: AUX SABLE ACRES UNIT 2 MINOOKA LT 41 SEC 1-34-8

Neighborhood

  • School District Name: Minooka Community High School District 111
  • Census Tract: 000102

Geography

  • District: 01
  • Parcel: 03-01-407-020
  • Lot: 41
  • Meridian: SEC 01 TWN 34N RNG 08W
  • Municipality: AUX SABLE TOWNSHIP
  • Latitude: 41.4523
  • Longitude: -88.2575

    Address

  • Full Address: 205 Indian Oaks Dr
  • Legal Unit: 2
  • Address - House Number: 205
  • Address - Street Name: Indian Oaks
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Minooka
  • Carrier Code: R004
  • 4-Digit Zip Code: 9582
  • Zip Code: 60447

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $653,347
  • Tax Rate Code Area: 1002

    Appraisal Valuation

  • Standard Deviation: 0.1894
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 75
  • Final Value: 317,360
  • High Value: 377,480
  • Low Value: 257,240

    Market Valuation

  • Market Total Value: $244,356
  • Market Land Value: $50,688
  • Market Improvement Value: $193,668

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $81,452
  • Assessed Land Value: $16,896
  • Assessed Improvements Value: $64,556

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 21, 2017
  • Current Sale Recording Date: Nov 17, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 573961

    Last Sale Mortgage

  • First Mortgage Transaction Date:
    Premium
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Minooka

Stats & Trends

Median Asking:

$374,900

Sale Price/ft²

$180

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2196 ft²

Average Home Age

26.8 years

Currently For Sale

42 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 144 Zapata Lane, Minooka, IL, 60447

$3,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,232 ft²
144 Zapata Lane, Minooka, IL, 60447 Listing by Vytautas Sruoga

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Maria Almaraz, Midwest SignatureProperties Co
Data Source: MRED, MLS# MRD12309476
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 205 Indian Oaks Drive built and last sold?
The property at 205 Indian Oaks Drive was built in 1972 and last sold on Sep 21, 2017 for $215,000.
How much is this home worth?
The estimated value of the home located at 205 Indian Oaks Drive is $317,304.
What are some comparable homes to 205 Indian Oaks Drive?
There are currently no comparable homes to 205 Indian Oaks Drive.
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